Retail Decisions to Double From Here

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thefruits - Sat, 22 Oct 05 :

rosco46... FWIW I sold my remaining RTD a week or so back after holding for 2+ years (not that long I know) as I sensed the consolidation may leave the SP open to rampant shorting and hence would allow me to re-enter at a lower price to today (in relative terms)

Since then I've been invested in PRTY (@71p) and have now recovered my loss on selling RTD when I did (I averaged up from entry into RTD !)

The share offer appears to be attractive to holders but due to the risk on consolidation I wasn't interested in taking up the rights. I still believe that RTD is a strong business but to me its lost alot of its attraction as it seems to have lost its way slightly on the CNP side at a time when I would have expected it to be clearing up. Maybe its a different approach thats being consciously taken but I prefer a steady stream of RNS's to announce contract wins rather than a few oblique references in a results release.

The Barclays share sell this week also alarmed me in so much that strong institutional support is useful when you want to avoid becoming a P&D share as you believe that the insti's have more than a 2 minute hold strategy. This also makes me think that there maybe more share volatility (up or down) post consolidation as the market may be more liquid.

All IMHO of course, TF


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